Robert Walters Stock Rating Upgraded by Goldman Sachs Group Inc. (RWA)
Robert Walters (LON:RWA) was upgraded by research analysts at Goldman Sachs Group Inc. to a “buy” rating in a report released on Friday, Analyst Ratings.Net reports. The firm currently has a GBX 384 ($6.15) target price on the stock, up from their previous target price of GBX 267 ($4.28). Goldman Sachs Group Inc.’s price target indicates a potential upside of 17.79% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse raised their price target on shares of Robert Walters (LON:RWA) from GBX 250 ($4.00) to GBX 320 ($5.13) in a research note to investors on Wednesday, August 14th. They now have an “outperform” rating on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Robert Walters (LON:RWA) in a research note to investors on Thursday, August 1st. Finally, analysts at Investec reiterated a “buy” rating on shares of Robert Walters (LON:RWA) in a research note to investors on Thursday, August 1st. They now have a GBX 248 ($3.97) price target on the stock. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 248.99 ($3.99).
Robert Walters (LON:RWA) opened at 321.72 on Friday. Robert Walters has a 52 week low of GBX 183.00 and a 52 week high of GBX 329.00. The stock has a 50-day moving average of GBX 283.3 and a 200-day moving average of GBX 236.3. The company’s market cap is £233.3 million.
Robert Walters plc is is a specialist professional recruitment consultancy company. It is engaged in the provision of professional recruitment services on a permanent and contract basis in Asia Pacific, the United Kingdom, Europe, the Americas and South Africa to clients in the financial, commercial and industrial sectors.
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